Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.[1]
- Market Cap ₹ 3,818 Cr.
- Current Price ₹ 341
- High / Low ₹ 412 / 258
- Stock P/E 31.2
- Book Value ₹ 60.0
- Dividend Yield 1.52 %
- ROCE 19.9 %
- ROE 16.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 43.2%
Cons
- The company has delivered a poor sales growth of 7.28% over past five years.
- Earnings include an other income of Rs.62.9 Cr.
- Promoter holding has decreased over last 3 years: -6.80%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 135 | 125 | 139 | 173 | 212 | 222 | 247 | 283 | 273 | 312 | 365 | 351 | 429 | |
| 107 | 91 | 103 | 124 | 162 | 169 | 170 | 183 | 200 | 236 | 260 | 280 | 332 | |
| Operating Profit | 28 | 34 | 36 | 48 | 50 | 53 | 77 | 101 | 73 | 76 | 105 | 71 | 96 |
| OPM % | 21% | 27% | 26% | 28% | 24% | 24% | 31% | 36% | 27% | 24% | 29% | 20% | 22% |
| 1 | 1 | 1 | 6 | 5 | 6 | 9 | 7 | 9 | 9 | 40 | 61 | 63 | |
| Interest | 8 | 5 | 4 | 3 | 3 | 3 | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 9 | 8 | 7 | 8 | 8 | 9 | 9 | 9 | 10 | 10 | 11 | 11 | 12 |
| Profit before tax | 12 | 23 | 25 | 44 | 44 | 47 | 76 | 98 | 72 | 74 | 134 | 121 | 147 |
| Tax % | 16% | 14% | 18% | 21% | 18% | 25% | 24% | 28% | 24% | 25% | 19% | 15% | |
| 10 | 20 | 21 | 35 | 36 | 35 | 58 | 71 | 55 | 56 | 108 | 102 | 122 | |
| EPS in Rs | 0.91 | 1.81 | 1.92 | 3.10 | 3.22 | 3.16 | 5.19 | 6.36 | 4.88 | 4.97 | 9.67 | 9.15 | 10.95 |
| Dividend Payout % | 11% | 6% | 10% | 13% | 16% | 19% | 12% | 14% | 21% | 20% | 53% | 57% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 7% |
| 3 Years: | 9% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 12% |
| 3 Years: | 24% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 7% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 16% |
| 3 Years: | 17% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 116 | 134 | 152 | 233 | 267 | 297 | 348 | 413 | 458 | 503 | 558 | 607 | 649 |
| 59 | 38 | 49 | 38 | 45 | 18 | 10 | 1 | 2 | 2 | 2 | 3 | 2 | |
| 31 | 28 | 37 | 25 | 39 | 38 | 42 | 53 | 48 | 48 | 51 | 57 | 76 | |
| Total Liabilities | 228 | 223 | 261 | 318 | 373 | 376 | 423 | 490 | 530 | 576 | 633 | 689 | 749 |
| 110 | 106 | 101 | 98 | 98 | 97 | 127 | 132 | 132 | 143 | 142 | 156 | 152 | |
| CWIP | 2 | 5 | 7 | 8 | 10 | 7 | 10 | 7 | 9 | 11 | 22 | 21 | 31 |
| Investments | 28 | 27 | 53 | 103 | 120 | 120 | 121 | 184 | 189 | 201 | 256 | 290 | 309 |
| 88 | 84 | 99 | 108 | 145 | 151 | 165 | 166 | 200 | 220 | 213 | 221 | 257 | |
| Total Assets | 228 | 223 | 261 | 318 | 373 | 376 | 423 | 490 | 530 | 576 | 633 | 689 | 749 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18 | 33 | 22 | 21 | 23 | 35 | 46 | 84 | 37 | 50 | 52 | 63 | |
| -7 | -7 | -27 | -55 | -22 | -2 | -25 | -70 | -14 | -42 | -3 | -2 | |
| -11 | -27 | 4 | 34 | -1 | -33 | -19 | -15 | -11 | -12 | -57 | -58 | |
| Net Cash Flow | -0 | -1 | -0 | -0 | -0 | 0 | 2 | -1 | 12 | -4 | -8 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 77 | 71 | 60 | 65 | 66 | 63 | 77 | 70 | 66 | 78 | 75 | 81 |
| Inventory Days | 363 | 389 | 393 | 300 | 234 | 249 | 245 | 240 | 295 | 228 | 268 | 260 |
| Days Payable | 90 | 74 | 75 | 50 | 90 | 66 | 56 | 85 | 75 | 54 | 60 | 58 |
| Cash Conversion Cycle | 350 | 386 | 378 | 316 | 210 | 246 | 265 | 226 | 286 | 252 | 283 | 283 |
| Working Capital Days | 27 | 61 | 65 | 108 | 58 | 93 | 126 | 109 | 141 | 131 | 155 | 151 |
| ROCE % | 10% | 14% | 14% | 18% | 15% | 15% | 21% | 24% | 15% | 15% | 28% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24m - Audio of Nov 13 conference call on Q2/H1 FY26 unaudited results posted; transcript forthcoming.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6h - News paper publication with respect to the unaudited financial results for the quarter and half year ended September 30, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q2 FY26 revenue ₹1,845mn (+26% YoY); PAT ₹447mn (+34%); earnings call Nov 13, 2025.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Earnings Presentation for the Quarter and Half year ended September 30, 2025
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Standalone And Consolidated Financial Results For Quarter And Half Year Ended September 30, 2025
1d - Board approved unaudited standalone and consolidated results for quarter/H1 ended Sep 30, 2025; limited review unmodified.
Annual reports
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Financial Year 2025
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Nov 2025TranscriptNotesPPT
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Nov 2016Transcript PPT
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Nov 2016TranscriptPPT
Market Position
The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally. [1]